A decade of slow growth?

By Fareed Zakaria From: Cnn.com: Every year at Davos, people like me try to get a sense of the mood of the place, take the temperature of people in this frosty mountain resort. Obviously, I will give you a highly impressionistic and personal picture, but it’s one I find useful since Davos does bring together leaders in government, business, media – even the NGO community – from all corners of the world. It is genuinely global in a way that few conferences are... FULL STORY

Bloomberg: The Fiscal Cliff Will Drive the U.S. Into Recession

House Speaker John Boehner says he was "flabbergasted" when Treasury Secretary Tim Geithner pitched the White House plan to save the nation from the "fiscal cliff." FULL STORY

6 Ways The Fiscal Cliff Could Affect You

Federal Reserve chairman Ben Bernanke used the term "fiscal cliff," it quickly became the newest Washington buzzphrase. As the deadline to avert the cliff nears, it has overtaken the European debt crisis as the most talked-about story in the financial media. The fiscal cliff refers to the enactment of a number of laws that would, if not changed before Jan. 1, 2013, FULL STORY

The U.S. Recovery Has Been Spectacular*

We need a real recovery. That's what Mitt Romney said during the campaign, and he was right. Five years since the start of the Great Recession, unemployment is still far too high. It's not for a lack of optimism among policymakers. As Evan Soltas pointed out, the Federal Reserve keeps predicting that prosperity is just around the corner, only to find it's not. Catchup growth is the new Godot. FULL STORY *Compared to almost every other rich country and almost every other financial crisis.

HAPPY NEW YEAR! IMF warns global economy threatened

The head of the International Monetary Fund said the world economy was in danger and urged Europeans..

Source: http://ca.news.yahoo.com

Saudi's Prince Alwaleed Buys Twitter Stake

Saudi billionaire Prince Alwaleed bin Talal, an investor in some of the world's top companies, on Monday unveiled a $300 million stake purchase in fast-growing microblogging site Twitter..

Source: www.cnbc.com

Stocks Slide Ahead of Fed; BofA Gains 10%

Stocks declined across the board Thursday, reversing three days of gains, amid jitters over European markets and as investors remained cautious..

Sourcw: www.cnbc.com

Killer Charles Manson: “Obama Slave of Wall Street..”

President Barack Obama is "a slave of Wall Street," the diminutive cult leader said by telephone..

Source: http://latimesblogs.latimes.com

What Happens If Steve Jobs Leaves?

Yesterday, it was announced that Apple does indeed have a succession plan, but it won't be made public, for fear that the company could see executives being..

Source: www.benzinga.com

"The Fed" getting a Ass Wup'pin...facing severe 'Backlash'..

The "Fed" is catching alot of hell, and heat, due to its plan to purchase billions...

Lehman boss sells $20m mansion to wife for $152

Fallen Lehman Brothers' chief executive Richard Fuld sold his $US13.3 million ($20.3 million) mansion to his wife for just $100 ($152) last November, Florida real-estate records show.

Fuld has been blamed for Lehman's collapse on September 15 after it was weighed down by bad assets leading to the largest US bankruptcy ever when it was unable to find a buyer to come to its rescue....

Read more Lehman boss sells $20m mansion to wife

Source: smh.com.au

Asian markets rise after Wall Street rally

Asian markets rose sharply on Tuesday as investors regained some confidence after a strong overnight showing by Wall Street and the US government's bailout of banking giant Citigroup. European markets, which soared on Monday, opened lower...
Read more Asian markets rise after Wall Street rally


Source: the times of india